Five years ago, we noticed a problem in the entrepreneur community. We knew there were so many great ideas out there, but these ideas needed a better home for a larger group to discover. So we set out to create a place where we could all discover and share new business ideas, startups and entrepreneurial tools.
Along the way, we’ve received over 10,000 submissions – evidence that we’ve tapped into a very real need. We’re proud of the online magazine we built, and we’re proud that we’ve carefully reviewed every submission since the site’s inception. (And 10,000 is no small feat!) But we’re even more grateful for every person who has come by to read our content and help grow what the New Startups team and I have poured our hearts into.
Over the past few years we carved various paths by listening to you and our entrepreneurial peers. Together, we began developing a platform tool to work alongside this online magazine. But, regretfully, we ran out of resources and time to launch our product. Thank you to everyone who not only helped guide us in developing our not-to-be-released product but also to those who wanted to share how we could do better.
New-Startups.com ends here today. There are still many challenges that startups face in being discovered, and we failed to create a tool to make ourselves more than just a magazine to help that need. For this we’re deeply sorry. We considered every option before deciding to end not only our platform’s construction but also the magazine. Unfortunately, there was just no available solution that would allow us to continue.
As of today, we will no longer post daily about a new startup we know you’ll love. But we will continue to leave our submission form live and our Twitter account will remain vibrant with startups we discover. We hope you’ll join us there to continue our growth together.
Seeing the drive in people every day has been truly inspirational for me and this team. The spirit of entrepreneurship has never been more apparent in our lives, and we hope people of all ages will continue to fearlessly pursue whatever passion is percolating inside of them.
A very special thank you must be expressed to some of the integral members of the New-Startups.com team over the past years. Nathan Christie, Angie Li and Travis Reason: your dedication, help and support will never be forgotten!
Lastly, THANK YOU to each and every person who has given their time and attention to this magazine. I couldn’t be more honoured to have done this with you. It’s been a privilege to meet you and grow with you. Hopefully our paths will cross again and we can build something special together in a new way in the future.
Jay Kapadia & the New-Startups.com Team